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Weihai City Commercial Bank Co., Ltd. Class H ( (HK:9677) ) just unveiled an update.
Weihai Bank Co., Ltd. has declared a final ordinary cash dividend of RMB 10 per 100 shares for the financial year ended 31 December 2025, with payment scheduled for 30 July 2026, subject to shareholder approval and with the Hong Kong dollar equivalent and key timetable dates to be announced. The bank clarified that a 10% withholding tax will generally apply to dividends paid to non-resident individual and enterprise shareholders, and reiterated that it is not licensed as a banking institution in Hong Kong and thus remains outside the supervision of the Hong Kong Monetary Authority, an important distinction for investors regarding its regulatory environment.
The announcement also confirms the current composition of Weihai Bank’s board, comprising executive, non-executive and independent non-executive directors, underscoring the bank’s established governance structure alongside its dividend policy. These details collectively signal the bank’s intention to return value to shareholders while operating within the regulatory and tax frameworks that apply to a PRC-resident bank listed overseas.
The most recent analyst rating on (HK:9677) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Weihai City Commercial Bank Co., Ltd. Class H stock, see the HK:9677 Stock Forecast page.
More about Weihai City Commercial Bank Co., Ltd. Class H
Weihai Bank Co., Ltd. is a mainland China-based commercial bank that provides a range of banking and financial services, but it is not an authorized institution under Hong Kong’s Banking Ordinance and is not supervised by the Hong Kong Monetary Authority. The bank is therefore not permitted to conduct banking or deposit-taking business in Hong Kong, despite its H-share listing on the Hong Kong Stock Exchange.
Average Trading Volume: 41,045
Technical Sentiment Signal: Sell
Current Market Cap: HK$15.85B
Find detailed analytics on 9677 stock on TipRanks’ Stock Analysis page.